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Mark asked: I have purchased some stock of CIT when it was $.30 . For about 3 months it went about and down in value and then eventually the company when bankrupt. Now its out of bankruptcy and the stock is work $29. I never sold or gave up my stock, so are they still something? Brought to you by trend trading. Whereas shares give investors part ownership of a company, bonds are loans made by investors to corporations or governments. Rather than benefiting from company profits the way that stock holders do, bond holders receive a fixed rate of return – a percentage of the bond’s original offering price. The return [...] tmac5445 asked: Would this be a 100% gain? Say I shorted CFC, 100 shares at $7 and it goes bankrupt, how much money would that be? Thanks! jf3 asked: When company A pays a 15% premium to acquire the stock of company B, what happens to the debt of commpany B? Does company A absorbed the debt, pay it off? Is company B responsible for paying it off?Content supplied by Articlesbase.com I bought 1000 shares of Federal Mogul several years ago. They just emerged from bankruptcy in December 2007 and told us that the stock is under a new name and that they were issuing warants for the new stock. Can I write this off as bad debt somehow? I did not sell [...] |
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